Queensland capital grows faster than Melbourne, Sydney

“So in other words, the regional population of Queensland is now almost the same as that of NSW, so it’s quite phenomenal.

“Queensland is a very decentralised state, more than half of the population lives outside of Brisbane.

“Sydney and Melbourne both really relied on overseas migration, now the whole of Australia, with closed borders, was not seeing growth in overseas migration … whereas Brisbane sees a net gain from the internal migration.”

Mr McCrindle said Brisbane would probably record the “triple green light of growth” – internal migration, overseas migration, and natural increase – in future reporting periods.

“Whereas even when the international borders open, Sydney and Melbourne won’t see the three growth channels, they’ll only see overseas migration and natural increase, they still won’t see the interstate migration,” he said.

Outside the Australian capital cities, Gold Coast suburb Pimpama reported the largest growth, up by 2800 people, and also had the highest growth rate at 13 per cent.

In June 2021, the Queensland areas with the highest density were all inner Brisbane suburbs – Kangaroo Point, Fortitude Valley and West End.

“That highlights this growing bridge as the Gold Coast heads north and Brisbane heads south, this continuous metropolis across south-east Queensland,” Mr McCrindle said.

“The only real area to suffer loss in Brisbane was St Lucia and that’s largely just because obviously students and even domestic university students don’t need to be located as close to campus.”

He said thousands of Australians were seeking affordability and livability and were heading north to Queensland to achieve it, particularly with south-east Queensland house prices significantly cheaper than Sydney and Melbourne.

“Queensland will be the hotspot for a time and some years because of lifestyle and affordability,” he said.

One of Brisbane’s latest developments, Jubilee Place, towers over an old pub near the Ekka. The architects say it is Australia’s tallest diagrid building.

Brisbane City Council has, nonetheless, had to encourage people to return to the city centre, in the wake of COVID-19 restrictions and working-from-home arrangements.

Lord mayor Adrian Schrinner on Tuesday announced the associated free parking period would end on April 4.

“It’s been a tumultuous start to the year for many, but especially our businesses, so it’s important that we make a conscious effort to visit and spend money at local cafes, restaurants and retailers,” he said.

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